The Indian economy has embarked upon a massive programme of stabilization and structural reforms as a part of new economic policy. The new policy reforms comprise the various policy measures and changes introduced since July, 1991 in the sphere of trade, industry, financial institutions, capital markets and foreign
Investments. The purpose of new economic policy is to improve the efficiency of the system and creating more competitive environment in the economy. The industrial policy seeks to bring about a greater competitive environment within the country and the trade policy seeks to improve international competitiveness subject to the protection offered by tariffs. The structural reform policies are intended to correct imbalances in the external payment position, persistent losses in the public enterprises and fiscal deficits.
This volume contains diverse analytical issues related to structural adjustments reforms initiated in India since 1991. This book will be of great help to the policy makers, academicians, and all those interested in the study of the implications of structural adjustments programmes for Indian economy.

